Purple Dot Breaks Ground for Ksh.1.3B Residential Development in Langata

Purple Dot International Limited, a fast growing and dynamic residential, commercial real estate developer has today broke ground on its latest real estate project, Marigold Residency Townhouses, an exclusive KES 1 Billion gated community located in Langata. The development that sits on a 3-acre parcel of land will comprise of 42 four-bedroom units, of 2,650 sqft each selling at KES 31 Million. Marigold offers a great opportunity for homeowners looking for a serene, luxurious and quality place to live with their families while delivering attractive returns to investors. The development…

Basco paint to reward over 800 painters in Zawadika na Marangi program

As the second wave of Covid-19 pandemic continues to ravage the country, the paint business has been adversely affected as many people keep off from letting painters in their homes for fear of the raging virus.   Basco Paints Managing Director Kamlesh Shah says to cushion painters from the pandemic the firm has relaunched its Zawadika Na Marangi program through the Mobile APP and USSD Platforms whereby painters using Android phones can now download ZawadikaNaMarangi app from Google play store or dial *338# on any phone with Safaricom connection to…

Traditional Chinese medicine to boost immunity against viral pneumonias now available in Kenya

Healthouself formula 3 and Healthouself formula 5 have been approved by Pharmacy & Poisons Board Global Chinese manufacturer Jiangyin Tianjiang Pharmaceutical company limited has today launched herbal medicines in Kenya to boost immunity, treat and manage viral pneumonias. Operating under a local agent, XRP Medical Kenya Limited, the company has introduced Healthouself Formular 3 and Healthouself Formula 5 – combinations of herbal medicines that will be used to prevent and strengthen immunity and treatment for types of severe acute respiratory infections.  Approved and certified by the Pharmacy and Poisons Board,…

WESTLANDS AND KAREN RATED BEST PERFORMING RETAIL NODES IN NAIROBI

The tough operating environment in Kenya has led to a subdued real estate performance across the various real estate themes. This is according to the latest Cytonn Retail Sector Report-2020. The report analyses the performance of the retail sector in Kenya through tracking the changes in occupancies, rental yields and rental rates. It also outlines the retail space demand, opportunity and outlook of the sector. According to the report: In the retail sector, performance declined recording average rental yields of 6.7%, 0.3% points lower than the 7.0% recorded in 2019.…

StarTimes announces new move to to maintain its customers

Pay Television Company StarTimes Media has unveiled a strategic subscriber retention policy that will enable subscribers on both terrestrial and satellite platforms to watch local and international content reserved for higher bouquets at the cost of lower bouquets upon renewal of their monthly bouquet of choice Following the new policy, subscribers recharging their bouquet of choice for two months will enjoy access to the next higher bouquet for a similar period where terrestrial platform’s Nyota bouquet subscribers will access Basic bouquet content, basic subscribers access Classic bouquet content for a…

KENAFRIC INDUSTRIES REVAMPS FRESH CHEWING GUM

Confectionery Firm, Kenafric Industries Limited (KIL) has rebranded its flagship gum brand; Fresh Chewing Gum. According to KIL the revamped chewing gum has improved gum base to deliver an enhanced chewing experience with extra lasting freshness and flavor, while maintain its current Retail Price of Kes. 5 for four pellets. Over 65% of Kenyans chew gum and as players in this consumer category, Fresh dominates in the fresh breath segment in the said category, Fresh Chewing Gum is the only Chiclet Chewing Gum with five ranges of flavor namely, Menthol,…

Nestlé provides Nutrition Education to over 800 Students and 22 Primary schools.

Initiative has encouraged children replicate their school experience to establish kitchen gardens at home With schools closed in response to the COVID-19 pandemic, over 800 students and their parents from 22 primary schools across the country have benefited from Nutrition, Water, Sanitation and Hygiene (WASH) education delivered through digital platforms, by the Nestlé for Healthier Kids Program (N4HK), to help address malnutrition among school going children.   The children aged between 6 – 12 years, in Grade 1 – 4, received guidance on preparing nutritious, affordable and balanced meals and…

Del Monte launches Women Health and Empowerment Program targeting over 10,000 women.

Murangá based food processor, Del Monte Kenya Limited (DMKL) has officially launched its Women’s Health and Empowerment program with a six – day employee awareness campaign offering free Reproductive Health Cancers screening and Contraceptives use. The Del Monte Kenya Medical Team and peer educators from Family Health Option, will also sensitize the employees and their dependents on Menstrual Health Hygiene, Sexually Transmitted Infections (STIs) and HIV. They will also offer trainings and counselling on Gender-Based Violence in and out of the workplace. According to Del Monte Kenya’s Managing Director, Stergios…

Sarova Hotels & Resorts Wins 2020 World Luxury Hotel Award.

Sarova Hotels and Resorts, Kenya’s first indigenous hospitality company has this year clinched top accolades at the 14th edition of the World Luxury Hotel Awards for outstanding service in the Industry. Sarova Whitesands Beach Resort & Spa clinched the best Luxury Family Beach Resort in the region while Sarova Mara Game Camp won the best Tented Safari Camp at the world’s most prestigious and exclusive awards which recognize the best facilities and service quality the hotel industry has to offer. The region’s leading Hospitality Group which is committed to hospitality…

PROPERTY, PENSION INDUSTRY PLAYERS LAUD NEW MORTGAGE REGULATIONS

Property and pension industry players have welcomed the new mortgage regulations during a 3-day conference that combined insights from both regional and global experts on the implementation of the new regulation. The Mortgage Regulation 2020 stipulates that the funds accessed upon retirement can only be used on a dwelling house for residential purposes with members accessing up to 40% of the accrued benefits, capped at KES 7 million. “This conference aims to put our heads together and come up with administrative actions to assist the trustees in the implementation of this…